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ivann1987 [24]
3 years ago
10

Economic production has fallen to less than full potential due to inadequate incentives for firms to produce. The duration of th

is economic condition will likely be:
Business
1 answer:
Brilliant_brown [7]3 years ago
6 0

Answer:

short-term

Explanation:

Based on the information provided within the question it can be said that the duration of this economic condition will likely be short-term. Meaning that it will only last a small amount of time, mostly because this is a problem that needs to / and can be solved in order to increase the economic production to full potential and increase firm revenue.

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Balance sheet accounts Group of answer choices 1. are called real accounts 2. have zero balances after the closing entries have
tatiyna

Answer:

1. are called real accounts

Explanation:

Balance sheet accounts are the real account and these accounts do not close and balances of these accounts accumulated and carried forward to next accounting period. These balance represents the net accumulated values of all the past years. These accounts are also affected by the all the adjustments. Every transaction ultimately effect any of the balance sheet account.

7 0
4 years ago
James Jones, a Florida health inspector, inspected, Caribbean Eats a restaurant owned by Tom Cruise. Jones found several health
Leto [7]
IRAC stands for Issue, Rule, Application, Conclusion

I'll just put out issues.

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Answer:

Management's assessment of the design and operation of the company's internal controls over financial reporting should be:

integrated.

Explanation:

A company's assessment of internal controls over financial reporting should be integrated to focus on the effectiveness of internal controls and the reliability of the financial statements.  The effectiveness of internal controls reduces the risk of fraudulent activities by all internal parties. Similarly, the reliability of the financial statements will ensure public confidence and engender unbiased, error-free, and faithful representation of financial performance and position to aid decision making by market participants.

4 0
3 years ago
What are the three parts of the federal reserve system
Mnenie [13.5K]
The Board of Governors, the Federal<span> Open Market Committee, and 12 regional </span>reserve<span> banks.</span>
3 0
4 years ago
A company that continues to have strong profit performance during an economic downturn when many other companies are suffering l
Zarrin [17]
<span>A company that continues to have strong profit performance during an economic downturn when many other companies are suffering losses or failing should see their bond rating maintained or actually increase. 

A bond rating lets one know of the credit quality and the means to pay back the bond with in a reasonable amount of time. Bonds are rated using letters and receive a grade based on their profit performance. 
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